M-away Ch. 19 HW exercises eBook Show Me How CengageNOWV2 Online teach Calculator Contribution Margin Ratio a. Imelda Company budgets sales of $700,000, fed costs of $50,400, and variable costs of $224,000. What is the contribution margin ratio for Imelda Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Peppa Company is 49%, sales were $517,000, and foxed costs were $179,860, what was the income from operations? Check My Work Previous Next > All work saved, Save and Exit Submit Assignment for Grading